Tax-exempt organizations are held to an extremely high standard. They can expect donors, the government, the media and the general public to all scrutinize their operations. Although nonprofits usually don’t pay taxes, they do prepare an annual informational return (Federal Form 990) to showcase how they use their funds and fulfill their mission.
The nonprofit tax specialists at Mildrid Esua CPA & Advisor will work closely with you on both the financial and narrative sections of this public document. We will work with you so your 990 paints an accurate and compelling picture of your nonprofit’s mission, financial health, governance standards and operational effectiveness.
Beyond our meticulous Form 990 work, we also handle all aspects of nonprofit tax planning, tax-related regulatory compliance, tax analysis and more. We guide your organization through the myriad of rules and regulations involved in maintaining its tax-exempt status, so you can focus on your important work.
When you work with us you will benefit from our:
In-depth knowledge We work with more than 600 nonprofit organizations annually. This experience means our CPAs fully understand tax-exempt organizations and their unique financial and regulatory demands
Critical expertise In the event that your nonprofit does have to pay some tax, we can help you achieve the best possible outcome. We’re also experienced at finding solutions for nonprofits whose tax-exempt status may be in jeopardy.
Reliable guidance We can help your organization avoid possible fines or challenges to your nonprofit status by complying with IRS fundraising and lobbying regulations. We advise our clients on opportunities and risks throughout the year – not just during tax preparation. Our experts are involved on local, regional and national levels to follow changes and keep our clients informed.
Nonprofit classification proficiency We are experts in all nonprofit classifications, including 501(c)(3), 501(c)(4) and 501(c)(6) entities. Each classification has specific requirements, including the need to prepare certain tax forms. Our clients depend on GRF to assist them in all these nuances and alert them to updates and opportunities.